Nature of the Disclosure

This document is a Postal Ballot Notice and disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. It seeks shareholder approval via remote e-voting for two special resolutions concerning a change in the company's business objects and its name.

Key Quantitative Figures

  • Revenue Breakdown (Annexure-1):
  • Q1 FY27 (Ended March 2026): ₹2,101.10 lacs total revenue (Agriculture: ₹1,999.59 lacs, 95.17%; Other: ₹101.51 lacs, 4.83%)
  • Q2 FY27 (Ended June 2026): ₹146.14 lacs total revenue (Agriculture: ₹141.49 lacs, 96.82%; Other: ₹4.65 lacs, 3.18%)
  • Q3 FY27 (Ended September 2026): ₹25.16 lacs total revenue (100% from Other activities; Agriculture: ₹0.00)
  • 1st Oct 2026 to 5th Nov 2026: ₹0.00 lacs revenue
  • Investment Details (Annexure-2):
  • Amount invested in old activity (as of 4th Nov 2026): ₹1,556.90 lacs
  • Amount proposed to be invested for new business activity: ₹400.00 lacs
  • Total: ₹1,956.90 lacs

Dates of Action

  • Notice Date: November 05, 2026
  • BSE Disclosure Date: November 06, 2026
  • Cut-off Date for Voting Rights: October 30, 2026
  • Remote E-voting Period: Commences November 10, 2026 (9:00 AM IST) and ends December 09, 2026 (5:00 PM IST)
  • Results Declaration: To be announced not later than two working days after conclusion of voting (by December 11, 2026)
  • Deemed Passing Date: If approved, resolutions are deemed passed on December 09, 2026.

Parties Involved

  • Stock Exchange: BSE Limited
  • Registrar and Share Transfer Agent (RTA): Purva Sharegistry (India) Private Limited (PURVA)
  • Scrutinizer: Ms. Pooja Gwalani, Practising Company Secretary (CP No.: 13876; Membership No.: A29004)
  • Auditor/Certifying Firm: HSK & CO LLP, Chartered Accountants (FRN: 117014W/W100685)
  • Key Signatories:
  • Naishadh Dineshbhai Modi (Chairman Cum Managing Director & CFO, DIN: 06538916)
  • Seema Gupta (Company Secretary and Compliance Officer, M. No: A52578)

Purpose and Rationale

Resolution 1: Alteration of Main Object Clause

The purpose is to diversify the company's business activities and expand its revenue base. The board proposes adding a new object clause (3(A)(10)) to the Memorandum of Association to allow the company to enter the business of manufacturing, trading, and dealing in jewellery, precious metals (gold, silver, platinum), bullion, diamonds, gems, pearls, lab-grown stones, medals, coins, antiques, and artifacts through physical showrooms or online e-commerce platforms.

Resolution 2: Change of Name

The purpose is to change the company's name from "Purple Agrotech Industries Limited" to "Aurigem Industries Limited" to better reflect its present and proposed business activities and future growth plans. The company received a name availability letter from the Registrar of Companies dated November 02, 2026, indicating no objection to the proposed name.

Financial and Operational Impact

  • The alteration of the object clause adds a new business segment without discontinuing existing agricultural activities.
  • The company confirms nil revenue has been generated from the proposed new jewellery business activity in the preceding periods (as per Annexure-1).
  • The proposed investment in the new activity is ₹400.00 lacs, which represents approximately 20.4% of the total assets (₹1,956.90 lacs) as of November 4, 2026.
  • The name change does not affect the company's legal status or any existing rights/obligations.

Capital Structure Impact

No direct impact on share capital or capital structure is mentioned in the disclosure. The changes pertain to the company's name and operational scope.

Governance and Compliance

  • The Board approved the proposals at its meeting held on November 05, 2026 (for object alteration) and October 27, 2026 (for name change).
  • The company confirms that no director/key managerial personnel is interested in the resolutions, except to the extent of their shareholding.
  • A certificate from a Practicing Chartered Accountant (HSK & CO LLP) confirms compliance with SEBI Regulation 45(1) conditions for the name change.

Voting and Shareholder Communication

  • The notice is being sent electronically to all members as of the cut-off date (October 30, 2026) whose email IDs are registered.
  • Physical copies of the notice or ballot forms are not being dispatched.
  • Shareholders can vote remotely via the platforms of NSDL, CDSL, or PURVA's e-voting system.
  • The scrutinizer will submit a report, and results will be posted on the company's website (www.purpleagrotech.com), BSE website (www.bseindia.com), and PURVA's website (https://evoting.purvashare.com/).